A China-based vaccine company teamed with the People’s Liberation Army (PLA) in pursuit of producing the world’s first vaccine, earning the first approval for the…
Posts tagged as “China”
The EMP Task Force and National and Homeland Security released a report on China’s ability to launch an Electromagnetic Pulse attack on the United States.…
China’s state-backed blockchain alliances features big cryptocurrency and financial companies. One of the first name brands to join the ‘Blockchain Services Network Alliance’ (BSN) is Huobi China.
Huobi China, which is a part of global bitcoin and crypto exchange conglomerate Huobi Group, revealed its participation at the Blockchain Service Network Partner Conference.
The company’s Chinese-based operations do not include the trading of cryptocurrency. “It is not an exchange. It is a fully compliant legal entity in China doing blockchain education and blockchain solutions for large corporations, solely focused on blockchain technology, said Ciara Sun, chief of staff of Huobi Group.
China’s National Development and Reform Commission (NDRC) has removed crypto mining activities as an unwanted industry from its Industrial Structure Adjustment Guidance Catalog.
China has long been a mining leader in the crypto industry. As a world leader in computer hardware generally, the country was in a unique position to take lead the way when it came to mining bitcoin and other cryptocurrencies. As in most hardware-intensive industries, the lion’s share of cryptocurrency mining hardware comes from China.
One Country, One System?
China could change its “one country, two systems” arrangement that has been in place since 1997. The agreement stipulates that the United States is legally bound to treat Hong Kong separately from mainland China for matters concerning trade and economic policy. With troops from the mainland at the border of Hong Kong, the protests and trade war could escalate.
Huawei, the Chinese telecommunications giant the U.S. government fears could be used by the Chinese government to spy and sabotage infrastructure, is a crucial contributor to the development of fifth-generation (5G) mobile networks worldwide. Yet, Washington’s fear led the Commerce Department to add Huawei to its “entity list” in May 2019, forbidding Huawei to buy U.S. goods without permission from the government.
Huawei, which is the world’s biggest seller of telecommunications equipment like new 5G network infrastructure and second-largest smartphone maker, is based in Shenzhen, China. It helps connectivity in some rural areas in the US.
Tens of thousands of young people – for the most part – descended upon Hong Kong’s government headquarters on Wednesday, and police fired tear gas and rubber bullets back. The debate was over a controversial bill, allowing fugitives to be extradited to China and other jurisdictions with which Hong Kong has no rendition agreement.
Beijing is threatening to cut Washington off from rare earth minerals, according to media reports in China’s papers that included quotes from the state planning…